The Associated Press said that the 90% tax passed the House….
The bill will take 90% of any bonus money paid to employees of companies, like AIG, who have accepted bailout money….
The vote was 328-93.
Said House Speaker Nancy Pelosi: “We want our money back and we want our money back now for the taxpayers.”
Republicans called it a legally questionable ploy to paper over Obama administration missteps.
Punishment by tax is unconstitutional becaue that is the kind of trickery pulled to punish our Founders the colonists: by the King of England.
There could be a legal challenge to this bill: telling us again that rushed legislation is often bad legislation….Like the stimulus….
So are the Democrats sure they want to vote on a 90% tax for AIG and others like them?
Guess who loves this good thinking? Nancy Pelosi and Charlie Rangel.
These guys are eating my lunch….
Second idea; the Democrats want to rush this to a vote in the House: the same kind of brainless conduct that brought us the stimulus and the AIG bonuses in the first place.
“Give me a f *&$%# ing break.”
Associated Press says the House passed the 90% Tax:
Lawmaking by Stampede Made the Stimulus, Now We’ll Tax ‘Bonuses’ the Simulus Allowed?
Obama On Geithner Sounds Like “Brownie, you’re doing a heck of a job”
Pelosi, Rangel rushing to tax AIG and other bonuses 90%; This caused a revolution once…
Obama the centrist, pragmatic problem-solver is gone: now liberal spendathon, no accountability
News at eleven followed by Jay Leno and Barack on the National Barack Channel….